The currencies of a particular country play a vital role in determining its strength and wealth. It contributes to the well-being and economy of the country. Moreover, it is said that the strongest the currency, the more stable the country. If we talk about the richest currency in the world, the Kuwait Dinar of Kuwait comes first. Its value is 3,31 United States Dollars (USD). Elements like trade, liquidity, economy, balance, and country risk affect the exchange rate variations. Moreover, the import and export business strike the currency value of the country.
Besides, there are other currencies like the Bahraini Dinar of Bahrain, Oman Rial of Oman, and many other that comes in the list of the richest currency in the world. Continue reading this article to know the top 50 richest currency list.
1. Kuwait Dinar
Country- Kuwait, Currency Code- KWD
Kuwait Diner is the richest currency in the world today and has a value of 3.29 USD. The currency code for Kuwait Diner is KWD and is from the country Kuwait. As we know, currencies all around the world had been making changes in their value. Some are decreasing while some keep on increasing.
While the currencies are changing their value, Kuwait Diner has been only increasing. It is maintaining its value and the number one position as the most valuable currency in the world.
2. Bahraini Dinar
Country- Bahrain, Currency Code- BHD
Bahraini Dinar is introduced in 1965 in the country Bahrain. Its currency code is BHD and is a very valuable currency in the world. Bahraini Dinar is used in Bahrain and has great value in the oil trade operations business.
It is the second richest currency in the world today and has been increasing for a long time. Its value in US dollars is; 1 Bahraini Dinar is equal to 2.65 USD.
3. Oman Rial
Country- Oman, Currency Code- OMR
The third highest currency with the most value is Oman Rial. Introduced in Oman in 1979, this currency holds a great position in the growth of the country. Oman Rial currency is also one of the most expensive in the world.
The value of this currency is also very high compared to the US dollar. It has a value of 1 Oman Rial is approx. 2.60 USD. Oman Rial is on the list of the richest currency in the world.
4. Jordanian Dinar
Country- Jordan, Currency Code- JOD
The Jordanian Dinar is on the list of the richest currency in the world. It ranks fourth as the wealthiest and most valuable currency all around the world. The Jordanian Dinar has been in the market since 1950 and introduced in Jordan.
Its currency code is JOD and has a great value as compared to the US dollar. 1 Jordanian Dinar is equal to the 1.41 USD.
5. Pound Sterling
Country- The United Kingdom, Currency Code- GBP
The fifth highest currency with the most value is Pound Sterling. Introduced in The United Kingdom, South Sandwich Islands, the British Antarctic Territory, South Georgia, Tristan da Cunha, the Isle of Man, Jersey, and Guernsey. This currency holds a great position in the growth of the country. The Pound Sterling currency is also one of the most expensive in the world.
The value of this currency is also very high compared to the US dollar. It has a value of 1 Pound Sterling is approx. 1.30 USD. Pound Sterling is on the list of the richest currency in the world.
6. Cayman Islands Dollar
Country- Cayman Islands, Currency Code- KYD
Cayman Islands Dollar is the fifth richest currency in the world today and has a value of 1.20 USD. The currency code for Cayman Islands Dollar is KYD and is from the country Cayman Islands.
However, if we dig the history, this currency was a replacement for the Jamaican Dollar. Besides, after being known as Cayman Islands Dollar, this currency has become one of the most valuable in the world.
7. Gibraltar Pound
Country- Gibraltar, Currency Code- GIP
Gibraltar Pound is the currency of Gibraltar and is one of the most valuable currencies all around the world. It holds a great worth in comparison to the US dollar. 1 Gibraltar Pound is equal to 1.32 USD.
It is in the list of one of the richest currency in the world and ranks seventh in the list. The currency code is GIP, and it is one of the legal tenders in Gibraltar along with notes from the Bank of England.
8. Euro
Country- The European Union, Currency Code- EUR
Euro is well-known for its value all around the world as it is the second most used currency after the US dollar. This currency comes in eighth position on the list of the richest currency in the world.
The currency code for Euro is EUR and its value is; 1 Euro is equal to 1.13 USD. There are 28 member states in the European Union, and 19 out of them have Euro as their official currency.
9. Swiss Franc
Country- Switzerland, Currency Code- CHF
The official currency of Switzerland and Liechtenstein is known as Swiss Franc. It is in the ninth position on the list of the richest currency in the world. The currency code is CHF and its value according to US dollars is; 1 Swiss Franc is equal to 0.99 USD.
Besides, this currency also has a value in Campione d’Italiaa. The Swiss Franc is also on the list of the most traded currency all around the world and ranks 6th.
10. US Dollar
Country- The United States of America, Currency Code- USD
One of the most valuable and highest currencies in the world is the US Dollar. It is the official currency of the United States of America, the Marshall Islands, Palau, Micronesia, El Salvador, Zimbabwe, Ecuador, and East Timor.
The best thing about the US Dollar is that it is used in most countries in the world and has the highest demand. Its currency code is USD. US Dollars ranks 10th in the list of the richest currency in the world.
11. Canadian Dollar
Country- Canada, Currency Code- CAD
Canadian Dollar is in the eleventh position on the list of the richest currency in the world. The currency code of the Canadian Dollar is CAD. It has a great value in comparison with the US Dollar.
The value of 1 Canadian Dollar is equal to 0.75 USD. Canada is known to be one of the fastest and largely growing countries in the world. It has been raising its economy ever since its establishment.
12. Brunei Dollar
Country- Brunei, Currency Code- BND
A country situated in South Asia; Brunei is known for its rich natural resources. It is one of the wealthiest countries because of the resources found here. The official currency of this country is Brunei Dollar and its currency code is BND.
It has a high value in comparison to the US Dollar. 1 Brunei Dollar is equal to 0.96 USD. This currency helps a lot in the economy of Brunei and is on the list of the richest currency in the world.
13. Australian Dollar
Country- Australia, Currency Code- AUD
The 13th richest currency in the world is the Australian Dollar. The currency code for this is AUD. It has been making a great value in the market recently. The Australian Dollar is the official currency of Australia and has a value of 0.72 USD.
However, before the Australian currency was known as the Australian Pound. But ever since it has converted to the Australian Dollar, the currency is gaining high value in the market.
14. Libyan Dinar
Country- Libya, Currency Code- LYD
The Libyan Dinar is the fourteenth richest currency in the world today and has a value of 0.72 USD. The currency code for Libyan Dinar is LYD and is from the country Libya.
Libya is an African continent and the Libyan Dinar is one of the most valuable in the continent. Libya is a part of the Petroleum Exporting Organisation countries. It is rich in oil resources and has been gaining value ever since.
15. Singapore Dollar
Country- Singapore, Currency Code- SGD
The Singapore Dollar is the official currency of Singapore and also used in Brunei. The currency code of the Singapore Dollar is SGD. The value of the Singapore dollar is approx. 0.74 USD.
It is on the list of one of the richest currency in the world and has been gaining value ever since. The currency is well-known in the market and has great growth.
16. New Zealand Dollar
Country- New Zealand, Currency Code- NZD
The New Zealand Dollar is on the list of the richest country in the world. Its value is very good in comparison to the US Dollar. 1 New Zealand Dollar is equal to 0.68 USD. It is the official currency of New Zealand.
New Zealand is famous for its rich mineral base and has been gaining a lot of worth among other countries in the market. The highest value of its currency contributes a lot to its overall growth.
17. Fijian Dollar
Country- Fiji, Currency Code- FJD
Fijian Dollar is the official currency of Fiji and its currency code is FJD. It is on the list of the richest country in the world. As compared to the US Dollar, its values are; 1 Fijian Dollar is equal to 0.47 USD.
The common currency of Fiji used to be Pounds before. However, in 1969, Fijian Dollar is introduced in the market and has been growing the economy ever since.
18. Brazilian Real Currency
Country- Brazil, Currency Code- BRL
Brazilian Real Currency is the official currency of Brazil. The currency code of this is BRL and has a great value in the market. It is on the list of the richest currency in the world.
It has a higher demand in the South American continent region. Brazil is well-known for its rich natural resources and iron ore. Besides, 1 Brazilian Real Currency is equal to 0.27 USD making the currency beneficial.
19. Israel New Shekel
Country- Israel, Currency Code- ILS
Israel New Shekel is on the list of the richest currency in the world. Its value as per US Dollar is also very good. 1 Israel New Shekel is equal to 0.27 USD. The currency code of this is ILS.
It is the official currency of Israel and plays a great role in its growth. Israel is famous for its rich raw materials and oil. The demand for Israel’s New Shekel is high in the world as well as the market.
20. Turkish Lira
Country- Turkey, Currency Code- TRY
Turkish Lira is the official currency of Turkey and its currency code is TRY. Turkey is one of the prominent countries in Europe. The country has been gaining growth ever since it produced minerals.
It is on the list of the richest currency in the world and has a great value as compared to the US Dollar. 1 Turkish Lira is equal to 0.18 USD. It plays a significant role in the mineral exportation of the country.
21. Hong Kong Dollar
Country- Hong Kong, Currency Code- HKD
Hong Kong Dollar is the official currency of Hong Kong and its currency code is HKD. It is a subdivision of 1000 mils or 100 cents. Hong Kong Dollar is on the list of the richest currency in the world and ranks 21st.
In the list of most traded currencies in the world, Hong Kong Dollar ranked ninth. The Hong Kong Dollar got introduced later in the country, yet has had a great impact on its growth and market value.
22. Swedish Krona
Country- Sweden, Currency Code- SEK
The Swedish Krona is on the list of the richest currency in the world and ranks 22nd in the same. It is the official currency of the Kingdom of Sweden. The currency code for this currency is SEK.
In the Swedish language, “Krona” means “Crown.” Hence, some people refer to Swedish Krona as Swedish Crown. The Scandinavian Monetary Union first introduced the Swedish Krona.
23. South African Rand
Country- South Africa, Currency Code- ZAR
South African Rand is the official currency of South Africa and its currency code is ZAR. It is a subdivision of 100 cents. The South African Rand is on the list of the richest currency in the world and ranks 23rd.
The legal tender of South African Rand is the Common Monetary Area member states of Namibia, Eswatini, and Lesotho. It is a growing currency and helps a lot in the economy of the countries.
24. Russian Ruble
Country- Russia, Currency Code- RUB
The Russian Ruble is on the list of the richest currency in the world and ranks 24th in the same. If we talk about its subdivision, it subdivided into 100 kopecks.
The currency code of the Russian Ruble is RUB and it is the official currency of the Russian Federation. The Ruble was officially the currency of the Soviet Union and the Russian Empire.
25. Indian Rupee
Country- India, Currency Code- INR
The Indian Rupee is the official currency of the country India. Its currency code is INR and is on the list of the richest currency in the world. The subdivision of the Indian Rupee is 100 paise.
The notes of the Indian Rupee are valued from 1 (the lowest) to 2000 (the highest). The bank that controls and issues the Indian Rupee is the Reserve Bank of India.
26. Bulgarian Lev
Country- Bulgaria, Currency Code- BGN
Bulgarian Lev is on the list of the richest currency in the world. It has a high value in the market and contributes a lot to the country’s growth. It is the official currency of Bulgaria and the currency code is BGN.
Bulgarian Lev is introduced in 1880 and has been a vital part of the economic growth of Bulgaria ever since. It is also a part of the European Exchange Rate Mechanism.
27. Chinese Yuan Renminbi
Country- China, Currency Code- CNY
Chinese Yuan Renminbi is the official currency of the People’s Republic of China and its currency code is CNY. It is a subdivision of 10 Jiao which is further the subdivision of 10 Fen. Chinese Yuan Renminbi is on the list of the richest currency in the world and ranks 27th.
The Chinese Yuan Renminbi got introduced later in the country, yet has had a great impact on its growth and market value. Besides, the bank that issues this currency is the People’s Bank of China, the monetary authority of China.
28. Thailand Baht
Country- Thailand, Currency Code- THB
Thailand Baht is the official currency of Thailand and is on the list of the richest currency in the world. The currency code for Thailand Baht is THB. It has been contributing a lot to the economic growth of the country.
Besides, as of January 2019, the Thailand Baht is on the list of the most frequently used payment of world currency and ranked in the 10th position in the same.
29. Hungary Forint
Country- Hungary, Currency Code- HUF
The official currency of Hungary is the Hungary Forint. Its currency code is HUF and ranks in the 29th position on the list of the richest currency in the world. After World War II, this currency was introduce in 1946.
Since then, the Hungary Forint has been contributing to the economic growth of the country. If we talk about subdivision, it is further divided into 100 filler coins.
30. Norwegian Krone
Country- Norway, Currency Code- NOK
The Norwegian Krone is the official currency of Norway and its currency code is NOK. It is a subdivision of 100 ore. The Norwegian Krone is on the list of the richest currency in the world and ranks 30th.
In the list of most traded currencies in the world, the Norwegian Krone ranked thirteenth in 2010. The Norwegian Krone got introduced later in the country, yet has had a great impact on its growth and market value.
31. Mexican Peso
Country- Mexico, Currency Code- MXN
Mexican Peso is on the list of the richest currency in the world and ranks in 31st position. It is the official currency of Mexico and the currency code is MXN. Mexican Peso contributes in several ways to increasing the economic growth of the country.
Besides, in the list of most traded currencies in the world, it comes 6th, whereas, in the most traded currency of America, it ranks 3rd. Moreover, it is also one of the most traded currencies from Latin America.
32. Danish Krone
Country- Denmark, Currency Code- DKK
Introduced in 1875, Danish Krone is on the list of the richest currency in the world and ranks 32nd. Its currency code is DKK. Danish Krone is the official currency of Denmark, as well as the Faroe Islands and the Greenland.
If we talk about the subdivision, 1 Danish Krone is equal to 50 ore coins. Besides, people also refer Danish Krone as Danish Crown, because the meaning of “Krone” is “Crown.”
33. Malaysian Ringgit
Country- Malaysia, Currency Code- MYR
The Malaysian Ringgit ranks 33rd in the list of the richest currency in the world. Its value is what makes it an important currency in the country. It is the official currency of Malaysia and its currency code is MYR.
If we talk about subdivision, 1 Malaysian Ringgit is subdividing into 100 Sen. Moreover, the bank that issues and controls the Malaysian Ringgit is the Central Bank of Malaysia.
34. Poland Zloty
Country- Poland, Currency Code- PLN
Poland Zloty is the legal tender and official currency of Poland. It contributes a lot to the growth of the country. The economic status of Poland has a great impact on the Poland Zloty. It ranks 34th on the list of the richest currency in the world.
Besides, the subdivision of 1 Poland Zloty is equal to 100 Grosz. It ranks in the 21st position in the most-traded foreign exchange market and one of the most-traded Central and Eastern Europe currencies.
35. Philippine Peso
Country- The Philippines, Currency Code- PHP
Introduced in 1993, Philippine Peso is on the list of the richest currency in the world and ranks 32nd. Its currency code is PHP. The Philippine Peso is the official currency of the country the Philippines.
If we talk about the subdivision, 1 Philippine Peso is equal to 100 sentimo, also known as centavos. The currency is controlled and issued by the central bank, Bangko Sentral ng Pilipinas (BSP).
36. Indonesia Rupiah
Country- Indonesia, Currency Code- IDR
Indonesian Rupiah is well-known for its value all around the world. This currency comes in the 36th position on the list of the richest currency in the world. It is the official currency of Indonesia.
The currency code for the Indonesian Rupiah is IDR and its value is; 1 Indonesian Rupiah is equal to 100 cents. The word “Rupiah” means “silver” in Sanskrit. Indonesian Rupiah is issued by the Bank of Indonesia.
37. Czech Koruna
Country- Czech Republic, Currency Code- CZK
Introduced in 1993, Czech Koruna is on the list of the richest currency in the world and ranks 37th. Its currency code for Czech Koruna is CZK. Czech Koruna is the official currency of the Czech Republic.
If we talk about the subdivision, 1 Czech Koruna is equal to 100 hellers currency. Besides, it is known as the 8th currency of the European Union. However, there is a legal bond for the Czech Republic to adopt the euro currency soon.
38. UAE Dirham
Country- The United Arab Emirates (UAE), Currency Code- AED
UAE Dirham ranks 38th in the list of the top 50 richest currency in the world. The currency code for UAE Dirham is AED. It is the official currency of the United Arab Emirates (UAE). If we talk about the subdivision of this currency, UAE Dirham is equals to the 100 Fils.
39. Taiwan New Dollar
Country- Taiwan, Currency Code- TWD
The Taiwan New Dollar is the currency of the country Taiwan or the Republic of China. It was introduced in 1949 and was the official currency of the island of Taiwan. In the list of the richest currency in the world, the Taiwan New Dollar ranks in 39th position.
It contributes highly to the economic, as well as structural growth of the country. Besides, the bank that controls and issues the Taiwan New Dollars is the Bank of Taiwan.
40. Argentine Peso
Country- Argentina, Currency Code- ARS
The Argentine Peso is the official currency of the country Argentina and its currency code is ARS. It is listed in the top 50 list of richest currency in the world. Further, 1 Argentine Peso is equal to 100 centavos.
It is quite similar to that of the dollar and peso of other countries. Argentine Peso plays a vital role in the economic growth of the country. A new Argentine Peso was introduce in 1992.
41. Chilean Peso
Country- Chile, Currency Code- CLP
The Chilean Peso is on the list of the richest currency in the world and ranks in 41st position. It is the official currency of Chile and the currency code is CLP. The Chilean Peso contributes in several ways to increasing the economic growth of the country.
Besides, if we talk about the subdivision, 1 Chilean Peso is equal to 100 centavos. It is introduced in 1817 and playing a vital role in the country’s worth ever since.
42. Egyptian Pound
Country- Egypt, Currency Code- EGP
The Egyptian Pound is the official currency of the country of Egypt and its currency code is EGP. It is on the list of the richest country in the world. As we talk about its subdivision, 1 Egyptian Pound is equal to 100 piastres or ersh.
The Egyptian Pound introduced its new 10 and 20 pond notes in the market in 2022. It also values the same as 1000 milliemes.
43. Romanian Leu
Country- Romania, Currency Code- RON
On the 43rd position in the list of the richest currency in the world comes the Romanian Leu. It is the official currency of the country of Romania and the currency code is RON.
The meaning of this currency is “lion.” Besides, if we talk about subdivision, 1 Romanian Leu is equal to 100 bani (meaning “coin” and “money”). Romanian Leu contributes to the growth of the country.
44. Saudi Riyal
Country- Saudi Arabia, Currency Code- SAR
Saudi Riyal is the official currency of the country of Saudi Arabia and its currency code is SAR. If we talk about the subdivision of this currency, one Saudi Riyal is equal to 100 Halalas.
It indeed plays a vital role in the growth of the country and is on the list of the richest currency in the world. Besides, the Saudi Riyal has also been the closest value to the US dollar at a constant rate of exchange.
45. Pakistan Rupee
Country- Pakistan, Currency Code- PKR
Pakistan Rupee is the official currency of Pakistan and its currency code is PKR. It is on the list of the richest country in the world. The Pakistan Rupee was introduce in 1949 and ranks 45th as the highest-value currency in the world.
Before, the currency was controlled and issued by the Reserve Bank of India, but because of the partition, it was handed to the government of Pakistan. Pakistan Rupee contributes to the growth of the country.
46. Colombian Peso
Country- Colombia, Currency Code- COP
On the 46th position in the list of the richest currency in the world comes the Colombian Peso. It is the official currency of the country of Colombia and the currency code is COP.
If we talk about subdivision, 1 Colombian Peso is equal to 100 centavos. It is quite similar to that of the other peso and dollars of other countries. The Colombian Peso contributes to the growth of the country.
47. Iraqi Dinar
Country- Iraq, Currency Code- IQD
The Iraqi Dinar ranks 47th in the list of the top 50 richest currency in the world. The currency code for Iraqi Dinar is IQD. It is the official currency of Iraq. If we talk about the subdivision of this currency, the Iraqi Dinar is equal to the 1000 Fils.
Besides, the Iraqi Dinar is controlled and issued by the bank of the country, the Central Bank of Iraq. It contributes greatly to the growth of the country.
48. Bosnia Convertible Mark
Country- Bosnia and Herzegovina, Currency Code- BAM
Bosnia and Herzegovina convertible mark or the Bosnia Convertible Mark is the official currency of Bosnia and Herzegovina. The currency code for this currency is BAM. One Bosnia Convertible Mark is equal to 100 Fening.
The design and banknotes are different for each constituent polity, the Federation of Bosnia and Herzegovina (FBiH) and the Republika Srpska (RS) have their own.
49. Moroccan Dirham
Country- Morocco, Currency Code- MAD
The official currency of Morocco is the Moroccan Dirham. The currency code for this currency is MAD. If we talk about subdivisions, one Moroccan Dirham is equal to 100 Santimat. The Moroccan Dirham is issued and controlled by the Bank Al-Maghrib, the central bank of Morocco.
50. Croatian Kuna
Country- Croatia, Currency Code- HRK
On the 50th position in the list of the richest currencies in the world comes the Croatian Kuna. Introduced in 1994, Croatian Kuna is the official currency of the country Croatia. The coins of Croatia are minted by the Croatian Mint.
The subdivision and value of one Croatian Kuna are equal to the 100 Lipa. Moreover, the currency is issued and controlled by the Croatian National Bank. It is one of the major sources of the growth of Croatia.
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